Coffee Futures Little Lower

December New York Coffee is trading at 163.45, down 1.05 cents/lb. March New York Coffee is trading at 166.85, down 1.05 cents/lb. New York Coffee futures are trading a little lower after Tuesday's sharply higher and firm trade. Market talk about weather for global coffee producing areas is constant. Market chatter that excessive rainfall in Vietnam may impact coffee exports from the world's top producer of Robusta coffee is making the rounds. Vietnam's Ministry of Agriculture and Rural Development has estimated that Vietnam's October coffee exports will be near 121,000 tonnes versus September's exports of 129,000 tonnes.
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